Agora, Galaxy complete AUSD stablecoin’s first live transaction
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market.
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Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.

Justin Bieber hit track becomes NFT for royalty-sharing
Justin Bieber’s hit song from 2015 “Company” has been turned into an NFT by another from which fans could earn royalties from future streams of the track. 110 Total views 6 Total shares On Sep. 7, the blockchain-centric music tech platform anotherblock and the co- producer of the track Andreas Schuller, also known as Axident

DForce Loses 99.95% of Funds in Latest Test of DeFi’ Resilience
Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. 1345 Total views 52 Total shares Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline.According to DeFi data aggregator DeFi Pulse, the total…

Blockchain adoption in Asia Pacific will expand into SMEs — Blockdaemon
Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.

OKEx to Found Crypto Exchange Compliance Self-Regulated Organization
Cryptocurrency exchange OKEx announced in a press release shared with Cointelegraph on Oct. 3 the creation of a Self-Regulated Organization (SRO) aiming to standardize crypto exchange compliance practices and policies.A global self-regulatory crypto exchange bodyPer the release, OKEx is already engaging with other exchange and market participants to form their planned SRO. The organization in…

Securities regulators oppose special treatment of crypto in Coinbase case
Digital assets should not be seen as “somehow special,” nor should action against Coinbase be seen as “novel or extraordinary,” argues an association of North American securities regulators.In an Oct. 10 filing in the United States District Court for the Southern District of New York supporting the U.S. Securities and Exchange Commission (SEC), the North

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.

9 essential finance terms you must know
Financial literacy is a critical life skill that can have a significant impact on an individual’s financial well-being and overall quality of life. It is important for individuals to continuously educate themselves on financial terms and concepts to make informed decisions and achieve their financial goals.Financial literacy is important for a variety of reasons:Making informed…